Mark meredith starts off with this. Good evening mark. Brett, good evening. Uaw strike is underway. Its a targeted strike. Not every autoworker is off the ob. Labor leaders warn less the demands are met for better pay and Better Benefits the strike could grow much larger within a matter of days. No deal, no wheels. Union strong. With signs in hand demands spelled out. 13,000 autoworkers michigan, missouri and ohio are off the job. Im liking 60 bucks an hour. Its pretty map. President brian says he supports the unions efforts. Auto companies have seen Record Profits. Those Market Profits have not been shared fairly in my view. With those workers. Some workers say the president support is too little, too late. Foxbusiness is a gritty trouble as michigan. President biden says hes most pro Union President in history. You just rolled her eyes. If he wants where is he now . Why are we out here . The white house is heading to senior officials to michigan to assist with negotiations. The trip
Now on bbc news, all the latest Business News live from singapore. Status check. The Banking Regulator in china wants a report card on overseas acquisitions. Kazakhstan is strapping in for what could be a fast ride on chinas one belt, one road expansion. Good morning, asia. Hello, world. Welcome to another edition of Asia Business report. Its a friday. Im sharanjit leyl. Chinas Banking Regulator has ordered a group of lenders to assess the exposure to offshore acquisitions by a handful of companies on a buy spree overseas. They are some of chinas largest, like hna and fulson. I spoke to our shanghai correspondent asking why authorities are so worried. There are two elements to this. They see the acquisitions, a vast 235 Billion Us Dollars last year, they see it as giving a risk to the currency. They dont want that level of capital out of there. And they are worried about big chinese conglomerates raising money in this country. There is a big worry about debt overall in china. Wealth ma
Executive orders so far with more to come today. So how do voters who put donald trump in the white house feel about his first few days in office . Well be speaking to one of them. And the president ial candidate who is shaking up french politics meet Emmanuel Macron. Hello and welcome. Its a dispute with the neighbours thats spilling Out Of Control one side wants a dividing wall, the other doesnt. One side wants the other to pay for it, and the other is point blank refusing. The result mexicos president is now cancelling a visit to washington, after an ultimatum from donald trump. The fight between the us and mexico over that wall took an extraordinary twist on twitter today. Lets see what donald trump wrote. If mexico is unwilling to pay for the badly needed wall, it would be better to cancel the upcoming meeting. And then this riposte from the Mexican President. This morning we informed the white house that i will not be attending the working meeting planned for tuesday with potus.
there are $235 billion worth of investment there. i should also note that desantis was encouraging this boycott in the company even as the state held a significant amount of the company s stock. that is a very good point. so how is the parent company responding to this? well, they ve been very cautious in navigating this political land mine. as you can imagine, the statement they provided to us today continues that trend. they say, quote, anheuser-busch in bev takes our responsibility to our shareholders, employees, distributors, and customers seriously. we are focused on driving long-term, sustainable growth for them by optimizing our business and providing consumers products to enjoy for any occasion. now in bev has tried to move on from this controversy. it has launched a new marketing campaign that is more of a traditional advertisement you might see from a beer manufacturer. but here we ve seen republicans
germany s exports to the us surged by almost 50% in the year to september. that benefit is also being felt here in the uk. according to new figures the british government has provided this week. total trade in goods and services between the uk and its biggest trading partner, £235 billion, with total uk exports growing by 11%. part of this is down to the weak euro and a weak pound which is helping europe s exporters. those manufacturing in the united states are also lured by cheaper energy. but no doubt the european union is taking a harder look at its relations with beijing as tensions deepen, with china viewed in much more hawkish terms. alan winters is professor of economics at the university of sussex business school. they say it is geopolitical and some of the outlook but i am guessing that tariffs is another part of it.